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  • Pakistan PM Shehbaz Sharif Visits Saudi Arabia

    Pakistan’s Prime Minister Shehbaz Sharif visited Saudi Arabia earlier this week on his first foreign visit since being elected in February. In Mecca, the premier and his delegation met with Saudi Crown Prince Mohammed bin Salman. In addition, Sharif held a private meeting with the Crown Prince. What was discussed at the one-on-one meeting has not been disclosed, but Pakistan said the two leaders agreed to strengthen ties.

  • What Does Neom’s Downsize Means for Saudi Arabia’s Vision 2030?

    When launching The Line in 2021, the Saudi government had announced that 1.5 million people would be living in the city by 2030. Officials now expect there to be fewer that 300,000 residents by that time, according to a source cited by Bloomberg.The source said that officials expected only 2.4km of the 170km city to be completed by 2030. As a result of the scaling back, one contractor dismissed some of the workers it employs on site, according to a document seen by Bloomberg.

  • Cristiano Ronaldo sees red as Al Hilal beat Al Nassr to reach Saudi Super Cup final

    Al Nassr's Cristiano Ronaldo was sent off late in the game as his side lost 2-1 to Al Hilal in the Saudi Super Cup semi-final at Mohamed bin Zayed Stadium in Abu Dhabi on Monday.

    Al Hilal's Salem Al Dawsari and Brazilian forward Malcom scored twice in 11 minutes, before Sadio Mane struck a late consolation for Nassr, as Jorge Jesus's side booked their spot in Thursday's final against Al Ittihad.

    Hilal took the lead just after the hour mark when Sergej Milinkovic-Savic set up Al Dawsari on the counterattack.

  • Saudi Arabia says no recognition of Israel without two-state solution

    In the interview on Monday, Princess Reema Bint Bandar Al-Saud added that, “Riyadh will not sign any agreement without tangible commitments that serve the Palestinian cause.” She stressed that the two-state solution must be final, clear, and within a specific time frame. “Establishing relations with Israel is still within reach, but it requires a commitment to the establishment of an independent Palestinian state.”

  • Where NATO Has An Enhanced Forward Presence

    On Monday, Germany sent an advance team of 20 soldiers to Lithuania, laying the groundwork for the recently discussed establishment of a permanent brigade in the NATO country. According to Deutsche Welle reporting, the 5,000-strong strikeforce called Panzerbrigade 45 is said to become fully operational by 2027. The brigade will support the already existing so-called NATO Enhanced Forward Presence in the Baltic country, which, in contrast to Panzerbrigade 45, rotates its personnel regularly and was made up of soldiers from Germany, Belgium, Czechia, Luxembourg, the Netherlands, Norway and the United States as of December 2023. As our chart shows, Lithuania is one of eight nations with such a force that's, according to NATO itself, "defensive, proportionate, transparent and in line with the Alliance’s international commitments and obligations".

  • Emerging Markets Are Exercising Greater Global Sway

    The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over the past two decades, these economies have become much more integrated with global markets and are generating larger economic “spillovers” to the rest of the world.

  • Saudi industrial sector sees 63% surge in new investments

    Saudi Arabia’s industrial sector experienced a 63 percent increase in new investments in 2023, amounting to a SR15 billion ($3.99 billion) rise compared to the previous year. According to the annual report from the Saudi Authority for Industrial Cities and Technology Zones, the cumulative funding last year reached SR415 billion, distributed across 891 projects encompassing both local and foreign ventures.

  • Saudi Arabia echoes India’s stand on Kashmir in joint statement with Pak

    A joint statement issued by Saudi Arabia and Pakistan stressed the importance of dialogue between Pakistan and India to resolve the outstanding issues between the two countries, especially the Jammu and Kashmir dispute.

  • Saudi Arabia lowers predicted number of residents at The Line by 2030

    The scaling-back of the project is because Saudi Arabia's sovereign wealth fund hasn't yet approved Neom's 2024 budget, the source said. Bloomberg has previously reported that the wealth fund is trying to find new cash sources to help finance the project. The Line, which was originally announced in 2021, would link the Red Sea coast with the northwest of Saudi Arabia and is the most well-known of the Neom projects, which will cover 26,500 square kilometres in northwestern Saudi Arabia in total.

  • Saudi Arabia’s economic diversification: Driving growth beyond oil

    “The PMI for Saudi Arabia showcased a notable upswing as the non-oil economy exhibited expansion in the most recent period,” Naif Al-Ghaith, chief economist at Riyad Bank, said in a statement. “Business activity experienced a substantial uptick, marking the most significant growth in six months. The positive momentum also prompted accelerated purchasing activities and additional hiring, underscoring a buoyant market outlook.”